$1,450,000
SOLD NOV 7, 2016

108 Laurel St Rehoboth Beach, DE 19971

5 Beds
3 Baths
2,975 Sq Ft
7,850 Sq Ft Lot

Recently Sold

$487 Per Sq Ft

2% Below List Price

174 Days on Market

Highlights

  • Coastal Architecture
  • Deck
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Stockley Street Park

About This Home

As of May 2025

A South Rehoboth Charmer , remodel or replace , "BUILD WHAT YOU WISH"4,100 sq./ ft home on one of the LARGEST remaining residential lots available , 7,850 sq. / ft., 50 x 157 . Pool , spa , yard . A Quiet and respectful street , three short blocks to town , boardwalk & Ocean , room for Large expansion . Call today to schedule your visit .

Last Agent to Sell the Property

HENRY MCKAY

Jack Lingo - Rehoboth License #RS-0014889 Listed on: 04/07/2016

Jack Lingo - Rehoboth

Co-Listed By

Christina Haag

Jack Lingo - Rehoboth License #RS-001-4869

Last Buyer's Agent

Michael Rodriguez

Jack Lingo - Rehoboth License #RS-0017904

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,359

Year Built

  • Built in 1942

Lot Details

  • 7,850 Sq Ft Lot
  • Lot Dimensions are 50 x157
  • Cleared Lot
  • Zoning described as GENERAL RESIDENTIAL

Home Design

  • Coastal Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • 2,975 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Electric Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-565.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,359

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1942
  • Remarks Public: A South Rehoboth Charmer , remodel or replace , "BUILD WHAT YOU WISH"4,100 sq./ ft home on one of the LARGEST remaining residential lots available , 7,850 sq. / ft., 50 x 157 . Pool , spa , yard . A Quiet and respectful street , three short blocks to town , boardwalk & Ocean , room for Large expansion . Call today to schedule your visit .
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Kitchen - Eat-In, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Family Room, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2975
  • Living Area Sq Ft: 2975
  • Net Sq Ft: 2975.00
  • Price Per Sq Ft: 499.16
  • Above Grade Finished Sq Ft: 2975
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 108

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway
  • Number Of Parking Spaces Included: 2-Car Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 208.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.18
  • Lot Size Area: 7850
  • Lot Dimensions: 50 X157
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7850.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1359.00
  • Assessor Parcel Number: 334-14.17-565.00
  • County Tax Payment Frequency: Annually
  • Close Date: 11/07/2016

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
May 16, 2025
Sold by
Brent Elizabeth M and Kahn David L
Bought by
Smith Michael Stephen and Smith Anne M
Seller's Agent
Michael Rodriguez
Jack Lingo - Rehoboth
Buyer's Agent
Joe Petrone
Monument Sotheby's International Realty
List Price
$2,850,000
Sold Price
$2,610,000
Premium/Discount to List
-$240,000
-8.42%
Views
130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-60.81%
Original Mortgage
$1,566,000
Outstanding Balance
$1,566,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$577,882

Purchase Details

Listed on
Apr 7, 2016
Closed on
Nov 23, 2016
Sold by
Bassett Mary Ann
Bought by
Kahn David L and Brent Elizabeth M
Seller's Agent
HENRY MCKAY
Jack Lingo - Rehoboth
Buyer's Agent
Michael Rodriguez
Jack Lingo - Rehoboth
List Price
$1,485,000
Sold Price
$1,450,000
Premium/Discount to List
-$35,000
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$116,000
Interest Rate
4.16%

Purchase Details

Listed on
Apr 7, 2016
Closed on
Nov 2, 2016
Sold by
Bassett Mary Ann
Bought by
Kahn David L and Brent Elizabeth M
Seller's Agent
HENRY MCKAY
Jack Lingo - Rehoboth
Buyer's Agent
Michael Rodriguez
Jack Lingo - Rehoboth
List Price
$1,485,000
Sold Price
$1,450,000
Premium/Discount to List
-$35,000
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.16%

Purchase Details

Closed on
Jul 22, 2003
Bought by
Bassett Mary Ann
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,610,000 None Listed On Document
Deed $2,610,000 None Listed On Document
Deed $1,450,000 None Available
Deed $1,450,000 None Available
Deed $900,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,566,000 New Conventional
Closed $1,566,000 New Conventional
Previous Owner $116,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $2,610,000 -3.3% $877 / Sq Ft
03/29/2025 03/29/25 Price Changed $2,700,000 -5.3% $908 / Sq Ft
02/28/2025 02/28/25 Price Changed $2,850,000 0.0% $958 / Sq Ft
02/28/2025 02/28/25 For Sale $2,850,000 -4.8% $958 / Sq Ft
12/04/2024 12/04/24 Off Market $2,995,000 -- --
09/01/2024 09/01/24 Price Changed $2,995,000 -6.4% $1,007 / Sq Ft
08/02/2024 08/02/24 For Sale $3,200,000 +120.7% $1,076 / Sq Ft
11/07/2016 11/07/16 Sold $1,450,000 -2.4% $487 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $1,485,000 -- $499 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $927 $18,500 $11,050 $7,450
2023 $926 $18,500 $11,050 $7,450
2022 $894 $18,500 $11,050 $7,450
2021 $885 $18,500 $11,050 $7,450
2020 $883 $18,500 $11,050 $7,450
2019 $884 $18,500 $11,050 $7,450
2018 $812 $18,500 $0 $0
2017 $778 $18,500 $0 $0
2016 $739 $18,500 $0 $0
2015 $706 $18,500 $0 $0
2014 $701 $18,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001016076

Bright MLS

APN: 334-14.17-565.00